KFRCanuk

I feel that there is a huge pressure going forward to take equity out of your own home in order to spend more. Lenders and social circles make it too easy.

Who is left in the lawsuit?

I got an acknowledgment from Fairfax that I would be mailed a book. That was on May 30. On Tuesday (September 6th) I received the book in the mail. Maybe it got "Lost" in the postage strike

I'm still looking for $100 HP Touchpad. http://www.washingtonpost.com/business/technology/hp-issues-touchpad-liquidation-order--get-yours-now-for-100/2011/08/20/gIQANYASRJ_story.html

I don't watch much CNBC during the day BUT it's interesting that the talking heads are for tax increases.

I'm going to speculate that they are going to merge the business units that they can which should drive the expense ratio down which would then drive down the combined ratio down.

http://en.wikipedia.org/wiki/Canada_Day

All season tickets are sold. http://www.winnipegfreepress.com/breakingnews/Priciest-NHL-tickets-already-sold-out-123156823.html http://www.winnipegfreepress.com/breakingnews/Were-not-going-to-say-I-told-you-so-but-123161318.html "Revenue is the only financial issue that matters in running an NHL franchise and at an average ticket price of $82 the Winnipeg club will generate just north of $54-million in ticket revenue this coming season. That’s before they sell a beer or a board sign or TV ad. It’s also in the top half of ticket revenue among NHL teams. The smallest building in the smallest market in the league will make more money off ticket sales than half the teams in the NHL."

I find the term commitments on season tickets interesting. No word yet on the boxes. The company I work for has a 1/2 box at the MTS Centre. I think it was $60K/year. Here is a rather simplistic take on what has changed. http://www.cbc.ca/news/interactives/winnipeg-hockey/index.html There are more things to add and also some things haven't changed (good and bad). http://www.capgeek.com is interesting also as Manitoba wants to be close to Vancouver in payroll.

8) http://driveto13.com/price.php

and this one is even better

Canadian Wheat board will be gone too.

I think the craziest thing is what Osama's total economic impact on the US Military, US Home Land Security, Insurance Impact of 9/11, Canadian Military costs, British Military Costs, and the list keeps going! Do you stop counting at $5T?

A Canadian held the distance record for a while. http://en.wikipedia.org/wiki/Longest_recorded_sniper_kills#Confirmed_kills_1.2C250.C2.A0m_.281.2C367.C2.A0yd.29_or_greater

http://www.thestar.com/news/canada/politics/article/983414--harper-ducks-questions-on-governor-general-and-coalition "Because Harper limits questions to just four per day for the national media covering his campaign – and paying $1,900 daily for each reporter for travel costs – journalists are forced to work together to craft their line of questioning." This drives me nuts. I mean 4 questions per day? Shouldn't there be a law against news orgs taking money for covering a campaign?

I don't understand recent election attack adds. Not very Canadian if you ask me. I don't understand why federal parties can't work together. Did we really have to have an election again (1997)in the middle of one of the worse floods? I mean it wouldn't have taken much to get an opposition party to support the budget. We are all Canadian!

Here is a great writeup of apple's q2 numbers by none other than Jean-Louis Gasse http://www.mondaynote.com/2011/04/24/inside-apple%E2%80%99s-q2-numbers "These last figures are striking. How did Apple squeeze R&D down to 2% of revenue when Microsoft is closer to 15%? Part of the answer is having a large denominator: lots of revenue. Another part is that they have fewer products than any other comparable company. Still, 2% is an astonishingly low number and, curiously, one that is rarely remarked upon on Wall Street — or anywhere else — when discussing competition between high-tech companies. The same applies to the SG&A (Sales, General and Administrative) expense number: only 7%. I don’t know of a tighter and, as the same time, more prosperous ship. (Those percentages get even lower if, as some analysts do, you exclude Stock-Based Compensation. Look inside the 10-Q for more details.)" It's pretty incredible how well run apple is compared to other companies.

For those who didn't know(like me) http://www.thestar.com/business/companies/magna/article/966685--frank-stronach-resigns-and-hits-jackpot

Here is an article on the PM of Japan. http://fullcomment.nationalpost.com/2011/03/16/peter-goodspeed-livid-japanese-pm-takes-personal-control-of-crisis-management/ "In 2004, while leader of the opposition, he was exposed as an adulterer and became ensnared in a pension fund scandal, after failing to pay required contributions while he was health minister. Disgraced and desperate, he resigned as party leader, shaved his head, donned traditional Buddhist garb and went on a pilgrimage to 88 Buddhist temples on the island of Shikoku. Before long, he had returned to politics, became finance minister and ultimately, last June, Prime Minister."

radiation plays havok with electronics.

"Japan nuclear crisis: Workers halt desperate struggle to stop meltdown at Fukushima plant" http://www.nydailynews.com/news/world/2011/03/15/2011-03-15_japan_nuclear_crisis_workers_halt_desperate_struggle_to_stop_meltdown_at_fukushi.html

Every day, there seems to be worse news from the nuclear plant. As I write this, there are news reports that there are no longer any personnel at the plant. There are 6 reactors with 6 spent fuel ponds. All(12) need to be cooled somehow. Hopefully another day will show the trend reversing BUT it doesn't look good. I'll be watching GE. EDIT: I also wonder if 6 reactors + 6 ponds can cause an entire G8 economy down the tubes and what that means for other G8 nations. I better go to bed.

I think because of the Lawsuit, people are/will think twice before they come after FFH. I think that is money well spent.

http://business.financialpost.com/2011/03/09/reporters-caught-up-in-fairfax-case/ "One journalist who may still be deposed is Peter Eavis, a former columnist with The Wall Street Journal. Eavis was served a subpoena by lawyers for Morgan Keegan and Co, another defendant, over columns he wrote about Fairfax when he worked at TheStreet.com." I created a google.com/alert for MRS-L-2032-06 which is the docket number. I hope more news organizations will quote that docket number in the future.

"With just $150 million under management, he is better known these days for collecting works of art than his trading." http://www.financialpost.com/news/financials/Fairfax+suit+exposes+Wall+Street+boys/4424227/story.html It would be freaking awesome if journalists job was to cover the discovery and trial on a daily basis. Too bad Steve Langford is busy these days.